02-Aug-2024

Power

” New Delhi : Union Coal Minister G. Kishan Reddy on Thursday handed over 10 strategically important mines to successful bidders in an initiative that is expected to result in a significant increase in the production of coal in the country.” : Sarkaritel.com

BHEL Q1 net loss widens to Rs 211.4 crore

New Delhi : BHEL Q1 net loss widens to Rs 211.4 crore. : Economic Times

Energy Surge: Indian data centres boost IT capacity by 71 MW in 1st half of 2024

New Delhi : Energy Surge: Indian data centres boost IT capacity by 71 MW in 1st half of 2024. : Economic Times

NTPC Renewable Energy Limited Executing Solar Project In Khajuraho

New Delhi : NTPC Renewable Energy Limited (NREL), a subsidiary of NTPC Ltd., is executing a Solar Project having a capacity of 630 MW at Barethi (District-Chhatarpur) in Khajuraho Lok Sabha Constituency under Engineering, Procurement & Construction (EPC) mode sanctioned by the Ministry of New & Renewable Energy (MNRE) under the Solar Parks scheme. : indianpsu.com

Billionaire Druckenmiller invests in Adani Energy’s $1 billion QIP that oversubscribed 6 times

New Delhi : As the Adani Energy Solutions’ $1-billion qualified institutional placement (QIP) was oversubscribed six times, garnering a demand of more than Rs 50,000 crore, billionaire Stanley Druckenmiller’s family office-led investment firms have made their maiden bet on the Adani Group’s power transmission business. : Sarkaritel.com

UP achieves 40 MW solar power generation capacity, Ayodhya becomes a model solar city

Lucknow : UP achieves 40 MW solar power generation capacity, Ayodhya becomes a model solar city. : Economic Times

Abu Dhabi, Qatar wealth funds back Adani Energy’s share sale of up to $1 billion, sources say

Mumbai : Abu Dhabi, Qatar wealth funds back Adani Energy’s share sale of up to $1 billion, sources say. : Economic Times

India identifies 1.33 GW of hydropower potential

New Delhi : India identifies 1.33 GW of hydropower potential. : Economic Times

Jindal Power, Vedanta & 4 others in race for Athena

New Delhi : Six companies including Vedanta, Jindal Power and an arm of JSW Energy are in the race to acquire Athena Demwe Power, which owns the 1,750-MW Lower Demwe hydroelectric project in Arunachal Pradesh, through the insolvency resolution process, people in the know said. : Economic Times

Dynamic Services to develop 100 MW solar plant in Manipur

New Delhi : Dynamic Services & Security Ltd announced this week it has entered into a Memorandum of Understanding (MOU) with Sungevity Enterprises to develop a 100 MW solar power plant in Manipur, India, through a special purpose vehicle (SPV). : pv-magazine.com

India’s power consumption rises 3.5% to 145.40 billion units in July

New Delhi : India’s power consumption rose a meagre 3.5 per cent to 145.40 Billion Units (BU) in July compared to the year-ago period as rainfall brought down temperatures from the scorching heat. : psuwatch.com

Coal India E-auction revenue falls 7% to Rs 5,589 crore in Q1 FY’25 amid higher sales

New Delhi : Coal India Limited (CIL) reported average realisation from e-auction fell by seven percent in the first quarter ended June 2024 to Rs 5,589 crore, compared to Rs 6,023 crore registered in the corresponding quarter of last year, due to lower auction prices. : psuwatch.com

SECI Issues Tender For 2GW Solar Projects With Storage

New Delhi : SECI Issues Tender For 2GW Solar Projects With Storage. : saurenergy.com

India’s nuclear power set for major expansion with 21 new reactors: Jitendra Singh

New Delhi : India’s nuclear power set for major expansion with 21 new reactors: Jitendra Singh. : Economic Times

MCA-Nepal signs contract for constructing 400 KV substation with India’s Techno Electric Company

New Delhi : MCA-Nepal signs contract for constructing 400 KV substation with India’s Techno Electric Company. : Economic Times

India’s coal production records double-digit growth to scale record high

New Delhi : India’s coal production records double-digit growth to scale record high. : Economic Times

India’s power consumption rises 3.5 pc to 145.40 billion units in July

Coal India E-auction revenue falls 7 percent to Rs 5,589 crore in Q1FY25 amid higher sales

New Delhi : Coal India E-auction revenue falls 7 percent to Rs 5,589 crore in Q1FY25 amid higher sales. : Economic Times

Adani Power plans capacity expansion via inorganic route

New Delhi : Adani Power Ltd. (APL) is planning capacity expansion through the inorganic route, its chief executive officer, Shersingh B Khyalia, told analysts on an earnings call. The company is also evaluating brownfield expansion projects to add 4,800 MW of capacity, he said. : Economic Times

Adani Power to set up 1600 MW greenfield power plant in UP for Rs 14,000 crore

New Delhi : Adani Power, India’s top private thermal power producer, is building a 1600 megawatt (2×800 MW) greenfield ultra-supercritical thermal power plant at Mirzapur in Uttar Pradesh as part of its strategy to double thermal power capacity to about 30 megawatts. : Economic Times

Adani Energy’s $1-bn QIP subscribed 6 times with Rs 50k cr demand

New Delhi : Billionaire Stanley Druckenmiller’s family office-led investment firms have made their maiden bet on Adani group, seeking shares of the conglomerate’s power transmission unit in an institutional sale that was oversubscribed six-times and fetching demand of over Rs 50,000 crore against an issue size of $ 1 billion. : Business Standard

Coal production increases by 6.69% to 74.07 mn tonnes in July: Govt

New Delhi : India’s coal output rose by 6.69 per cent year-on-year to 74.07 million tonnes (MT) in July, the government said on Thursday. : Business Standard

SECI launches 2 GW solar, storage tender

New Delhi : Solar Energy Corp. of India (SECI) has invited bids for setting up 2 GW of solar PV power projects with energy storage systems (ESS) in India. : pv-magazine.com

Airports Authority Of India Installs Solar Power Plants At Airports

New Delhi : The airport operators including Airports Authority of India (AAI) have installed solar power plants at various locations/Airports for generation and self-consumption of green and renewable energy to encourage green energy usage at the airports. In addition, few airports are also procuring green energy through open access. : indianpsu.com

EESL ties up with RajCOMP Info Services to promote energy efficiency

New Delhi : Energy Efficiency Services Ltd (EESL) on Thursday said it has inked a pact with RajCOMP Info Services to promote energy efficiency and enhance public service delivery in Rajasthan. Under this partnership, Energy Efficiency Services Ltd will offer UJALA products and services on RISL’s e-Mitra portal. : psuwatch.com

NTPC Subsidiary executes Solar Project at Barethi, District Chhatarpur

THDC Recruitment 2024, Check How to Apply Online

New Delhi : THDC India Limited is seeking applications from eligible candidates for the posts of Deputy Manager (IT) and Senior Engineer (O and M-Wind Power Plant). The vacancy is posted for 03 seats. : psuconnect.in

Solar Jobs Is An Export Opportunity for India, And We Are Missing It

New Delhi : Solar Jobs Is An Export Opportunity for India, And We Are Missing It : saurenergy.com

MERC Offers Compensation To SJVNL On Delayed Payment From MSEDCL

New Delhi : MERC Offers Compensation To SJVNL On Delayed Payment From MSEDCL. : saurenergy.com

No shortage of coal in country, India witnessed highest ever coal production in year 2023-24

New Delhi : There is no shortage of coal in the country, according to the information given by Union Minister of Coal and Mines Shri G. Kishan Reddy in Lok Sabha today the country has witnessed highest ever coal production in the year 2023-24. : psuconnect.in

Oil and Gas

July petrol sales up 10%, diesel 4.3%

New Delhi : Petrol sales rose 10% and diesel 4.3% in July over the previous year as economic activity gained pace, according to the oil ministry data. : Economic Times

Government cuts down windfall tax on crude oil to ?4,600 per tonne

New Delhi : The central government has reduced windfall tax on domestically produced crude oil by a 34.2% at ?4,600 per tonne, according to a government notification on Wednesday, July 31. Earlier, the windfall tax was at ?7,000 per tonne. : Mint

LPG Connections under Pradhan Mantri Ujjwala Yojana

New Delhi : Pradhan Mantri Ujjwala Yojana (PMUY) was launched on 01.05.2016 to release deposit free LPG connection in the name of adult woman member of poor households across the country. : Sarkaritel.com

Windfall tax on crude petroleum reduced to Rs 4,600 per tonne

New Delhi : Windfall tax on crude petroleum reduced to Rs 4,600 per tonne. : Economic Times

Opinion: Asia’s crude oil imports drop in July as China stays weak

New Delhi : Opinion: Asia’s crude oil imports drop in July as China stays weak. : Economic Times

Oil firms hike ATF price by 2%, commercial LPG up Rs 6.5 per cylinder

New Delhi : State-owned fuel retailers on Thursday announced that Aviation turbine fuel (ATF) price has been hiked 2 per cent and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder as part of the monthly revision done in line with international oil price trends. : Economic Times

Oil slips over $1 as supply intact despite Middle East conflict fears

Houston : Oil prices settled more than $1 lower on Thursday as global supply seemed largely unaffected by worries of a wider Middle East crisis after the killing of a Hamas leader in Iran, and as investors refocused on demand concerns. : Mint

Crude oil output costs to rise by $1 per barrel on Union Budget move

New Delhi : The removal of duty exemptions for chemicals essential to crude production in the latest budget, has raised production costs by $1 per barrel, and led to an annual cost increase of about $40 million, officials at upstream companies said. : Business Standard

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On August 1

New Delhi : Petrol, Diesel Prices Today On August 1, 2024: Oil marketing companies (OMCs) announce fuel prices at 6 am on a daily basis. The OMCs adjust prices in response to global crude oil prices and fluctuations in foreign exchange rates, ensuring consumers are always informed about the latest fuel costs. : news18.com

ESTABLISHMENT OF COMPRESSED NATURAL GAS INFRASTRUCTURE

New Delhi : Establishment of Compressed Natural Gas (CNG) stations is part of the development of City Gas Distribution (CGD) Network and the same is being carried out by the entities authorised by Petroleum and Natural Gas Regulatory Board (PNGRB) as per their Minimum Work Programme (MWP). : Sarkaritel.com

Oil rises on risk of broadening Middle East conflict

New Delhi : Oil rises on risk of broadening Middle East conflict. : Economic Times

Iraq signs deal with BP to develop Kirkuk oil and gas fields, Iraqi PM’s office says

New Delhi : Iraq signs deal with BP to develop Kirkuk oil and gas fields, Iraqi PM’s office says. : Economic Times